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right now, the boeing 787 is not exactly living the dream. it instead after years of delays, the most technologically advanced airliner has hit some bumps. monday, a fire ignited on board the airplane in boston, and there's been an oily, problems with the brake system, and a cracked a cockpit window. today it was announced the faa would review the airplane, but the authorities stress their belief in its safety. are these just bumps to the road or part of a big problem? joining me earlier, i spoke with paul, who is an expert in aviation. thank you very much for coming in. there is a mixed message from the u.s. regulators. they say the airplane is safe, but they are reviewing its safety. what do you make of that? >> i think the faa wants to assure the public this airplane has met the standards. they're putting together a team to look at it. none of these events look connected. any new aircraft faces these kinds of problems often. when the 777 was introduced, it had problems. it has flown 17 years without a fatality. the 1-380 had cracks in its
right now, the boeing 787 is not exactly living the dream. it instead after years of delays, the most technologically advanced airliner has hit some bumps. monday, a fire ignited on board the airplane in boston, and there's been an oily, problems with the brake system, and a cracked a cockpit window. today it was announced the faa would review the airplane, but the authorities stress their belief in its safety. are these just bumps to the road or part of a big problem? joining me earlier, i...
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it has been a different start to the year for boeing 787 dreamliner, first an electrical fire on the tarmac at boston's logan international airport. then a fuel link on another plane a day later. and overnight, cracks forming in the windshield of a 787 in flight during a flight over japan. this morning, the faa announcing it is opening an investigation into the aircraft. and how it is made. that announcement comes as silicon valley welcomes its first dreamliner to the san jose airport. >> it arrived after 9:00 a.m. and in less than an hour it will take a new flight of passengers bound for tokyo. in about 25 minutes. nbc bay area's bob riddell is live with more. >> reporter: good morning, marla and laura. there was a ceremony that just wrapped up with the mayor, with the ambassador, u.s. ambassador to japan and the airport's make namesake. at gate 15 to kick off the inaugural flight. all nippon airways flight 1075, the first nonstop flight between here and tokyo to leave in about 30 minutes, the five day-a-week schedule is significant for several reasons. one is the plane itself. the
it has been a different start to the year for boeing 787 dreamliner, first an electrical fire on the tarmac at boston's logan international airport. then a fuel link on another plane a day later. and overnight, cracks forming in the windshield of a 787 in flight during a flight over japan. this morning, the faa announcing it is opening an investigation into the aircraft. and how it is made. that announcement comes as silicon valley welcomes its first dreamliner to the san jose airport. >>...
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but this is an extremely important turning point for boeing. could be an extremely important turning point, of course, depending how the review turns out and what they find. >> warner: do we know when the review will be done? >> no. the faa has been very careful not to sketch out a time line for it. boeing says it's cooperating with the review and has its experts working on it. i understand from people i talk to that boeing was quite resistant in the beginning to this idea but it remains to be seen what the faa comes up with. to some extent the faa is, indeed, reacting to public pressure and public concerns and so i'm not sure that the faa officials themselves at this point really know what direction they want to head in. they are going to look at the data and that could take i would say several months, at least. >> andy pasztor from the "the wall street journal", thank you. >> thank you. >> brown: this week provided a glimpse of the latest in technology and high-end gadgets at the annual consumer electronics show, which wrapped up today in las
but this is an extremely important turning point for boeing. could be an extremely important turning point, of course, depending how the review turns out and what they find. >> warner: do we know when the review will be done? >> no. the faa has been very careful not to sketch out a time line for it. boeing says it's cooperating with the review and has its experts working on it. i understand from people i talk to that boeing was quite resistant in the beginning to this idea but it...
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abc news reporter has more from washington, d.c.. >> called the dream liner, boeing 787. and it has the most cutting edge technology in the sky. but recent incidents raised warning flags. officials announced a comprehensive review. critical systems of the aircraft including design, manufacturing, and assembly. >> boeing's newest aircraft, dream liner remains on electrical signals. it is made with carbon fiber instead after lum anymore allowing to it get better fuel mileage. officials insisted the plane is safe but in last week, significant causes for pmp three foot long crack in the cockpit wind yof a 76 767 -- 787 flying in japan. also, this week a boston to tokyo flight delayed due to a fuel leak but if issues with the systems raised most concern. >> it's a very good battery. we're not sure what happened witness. >> some said a big issue for boeing is that it outsourced more manufacturing process than it had for other parts of the fleet. >> these are not an issue of the out sourcing. >> during a review, dream liner can continue to fly. >> we believe this is a safe aircr
abc news reporter has more from washington, d.c.. >> called the dream liner, boeing 787. and it has the most cutting edge technology in the sky. but recent incidents raised warning flags. officials announced a comprehensive review. critical systems of the aircraft including design, manufacturing, and assembly. >> boeing's newest aircraft, dream liner remains on electrical signals. it is made with carbon fiber instead after lum anymore allowing to it get better fuel mileage....
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>>> plus just hours from now boeings dream liner will begin its service from san jose. but we have breaking news about the safety of that jet. all ahead on ktvu channel 2 morning news. >>> good morning. welcome to friday it's january 11th i'm dave clark. >> and i'm pam cook. thank you for joining us this morning. steve paulson is here. definitely cold. freeze warning all day? >> it's cold enough. no doubt about it. another day we could get up pop up showers again. little system coming into the northern part of the state. you can see that. again it favors areas to the west. upper 40s and low 50s. >>> good morning. we're looking at a live picture of eastbound interstate 80 where the lanes are clear here on 80. but a little after 3:00 this morning was much different story. a car hit the center divider near the ashby avenue exit and spun out. it was broadsided by an on coming car. two other cars were tangled up in the crash. the driver of the first car was a man. we're waiting to hear the extent of his injuries. one thing we do know it took awhile for this to clear up. more
>>> plus just hours from now boeings dream liner will begin its service from san jose. but we have breaking news about the safety of that jet. all ahead on ktvu channel 2 morning news. >>> good morning. welcome to friday it's january 11th i'm dave clark. >> and i'm pam cook. thank you for joining us this morning. steve paulson is here. definitely cold. freeze warning all day? >> it's cold enough. no doubt about it. another day we could get up pop up showers again....
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. >> boeing's dreamliner was for years just that. a plane made of plastic, a fuel sipper with huge windows, big seats, the plane of the future. >> it was supposed to be, you know, the best thing since sliced bread. >> but a totally new plane run almost entirely by electronics didn't just push the limits and change aviation, it created a whole new learning curve for the industry. the dreamliner was delayed and struggled from day one. the first dreamliner delivered in 2011 was three years behind schedule. the 787's maiden flight was touted in 2007. but after four years of troubling delays, its first flight finally took off on an overcast day in seattle. at first, airlines fell in love. 57 companies ordered the dreamliner at a cost of more than $200 million each. but the plane is struggling, just this week, a fire, a fuel leak, an electrical malfunction and a cracked cockpit window were found on different dreamliners. the faa is now reviewing the plane's certification. >> there've been no common denominator between the incidents, so it
. >> boeing's dreamliner was for years just that. a plane made of plastic, a fuel sipper with huge windows, big seats, the plane of the future. >> it was supposed to be, you know, the best thing since sliced bread. >> but a totally new plane run almost entirely by electronics didn't just push the limits and change aviation, it created a whole new learning curve for the industry. the dreamliner was delayed and struggled from day one. the first dreamliner delivered in 2011 was...
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the problem is that boeing has 800 of these things on order. so that's where the problem starts coming in if people say, yeah, i don't really want this plane. but i will tell you this, plane is fascinating. the dream liner is more highly pressurized than a normal plane because it's made of composite materials which means it feels more like earth which means you don't feel the effects of flying as much, it's humidified, lighting control, comfortable, quiet, fuel efficient. so people have bought this plane and haven't taken orders, they want this to work. and new plane introductions do take a long time. it does take a couple of years. the problem with this one is it was just mired in problems for so long that more problems make it that much more troublesome. >> and if you get a bunch in a week, it will have an impact. ali, always good to chat. looking dapper at always. >> thank you, sir. >>> we have news coming into us, the venezuelan vice president, ma maduro, he's heading to havana in a few hours to see chavez. chavez missed his will inaugurati
the problem is that boeing has 800 of these things on order. so that's where the problem starts coming in if people say, yeah, i don't really want this plane. but i will tell you this, plane is fascinating. the dream liner is more highly pressurized than a normal plane because it's made of composite materials which means it feels more like earth which means you don't feel the effects of flying as much, it's humidified, lighting control, comfortable, quiet, fuel efficient. so people have bought...
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the faa will be holding a news conference to launch a major review of the boeing 787 boeing dream liner. this week there were numerous problems reported with the aircraft. one flight had to be canceled because of brake lines with the plane. on monday a dream liner operated by japan airlines had an electrical fire broke out in its battery. this has spark concerns and put a damper on the air sport here. >> i think the more convenient international flights we have here locally is great. i love that. i don't like to have to drive to sfo. so that is good for me. >> reporter: nan will be flying to tokyo five days a week. it's the first direct flight from san jose to asia in six years. it's also the first airport in the bay area to have this dream liner that has been touted as technologically advanced and fuel efficient. coming up later in the morning the media is supposed to be giving a tour of the aircraft. there will be several transportation officials as well as people from ana. we plan on asking them about the latest development. reporting live from san jose janine de la vega. >>> vice pr
the faa will be holding a news conference to launch a major review of the boeing 787 boeing dream liner. this week there were numerous problems reported with the aircraft. one flight had to be canceled because of brake lines with the plane. on monday a dream liner operated by japan airlines had an electrical fire broke out in its battery. this has spark concerns and put a damper on the air sport here. >> i think the more convenient international flights we have here locally is great. i...
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>> the dreamliner was supposed to be boeing's sort of phoenix rising. it really was this plane that was going to be this great thing. rolled out in 2011. in the last week, it's been wrought with problems. it's kept these airplanes, these 787s grounded. the faa will go in and investigate the electronic components because of the fuel efficiency, made with lighter materials, but relies on the electronic components. bowing is opening up their airplanes to be investigated. saying the same thing, that they are completely safe. it remains to be seen what reports will say. >>> new survey says a third of the universities out there expect tuition to either decline or grow slower than inflation. should parents start celebrating that? >> analysts say don't open up the champagne just yet. the reason why, because of the economic uncertainty, and in job uncertainty, people -- students especially, less interested in four-year colleges, tuition rise 2.6% to 2.7%, less than the everyone 6.7% it usually goes up. but analysts say because tuition is only going up a very sma
>> the dreamliner was supposed to be boeing's sort of phoenix rising. it really was this plane that was going to be this great thing. rolled out in 2011. in the last week, it's been wrought with problems. it's kept these airplanes, these 787s grounded. the faa will go in and investigate the electronic components because of the fuel efficiency, made with lighter materials, but relies on the electronic components. bowing is opening up their airplanes to be investigated. saying the same...
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boeing calls the airplane the dreamliner. it is a dream come true for the city's economy. >> it is the first floit behack to tokyo. this is 7 years and wait highway patroling for it and we are delighted that the flight is taking off. >> there is a shadow looming over it. there are questions over the safety of the planes. there was a fire and fuel leak earlier this week. we found a high profile passenger preparing to board this morning and feeling confident in the plane. >> when there is it a introduction to the airplane there is always something. there is nothing major on this one. >> former transportation secretary has full confidence in the federal officials charged with protecting airline travelers . nn thereto tsb operates and moving with the department of the transportation operates, i have -- i don't have the concerns about this plane or the 787 as a whole. >> his fellow passengers don't sound too worried. >> it seems like every airline has problems. and this is a new airplane. i am not bothered by it >> instead there w
boeing calls the airplane the dreamliner. it is a dream come true for the city's economy. >> it is the first floit behack to tokyo. this is 7 years and wait highway patroling for it and we are delighted that the flight is taking off. >> there is a shadow looming over it. there are questions over the safety of the planes. there was a fire and fuel leak earlier this week. we found a high profile passenger preparing to board this morning and feeling confident in the plane. >>...
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boeing stock is taking a hit. jeri will list is the host of the business report on the fox business network and skwroeupbgs us now. >> reporter: the stock fell 3% yesterday, it's up today as people take in the news about the dreamliner. it is a critical product for boeing. they put a lot of money into it. it's technologically advanced made out of lightweight carbon fiber, it's supposed to save on fuel costs over time. they have 800 orders for these airplanes. as you know japan airlines has taken a couple of them here. united continental has taken delivery of these planes. they've delivered 49 of these planes. it's important to note here why there are questions about these planes, nobody has canceled an order for them yet. they are expecting at boeing for this to be the next big product for them. however, production delays, design problems have plagued the production of this very important phra*eufpb for th plane for the company. just last month the faa put out a directive to airline who had bought this thing sayin
boeing stock is taking a hit. jeri will list is the host of the business report on the fox business network and skwroeupbgs us now. >> reporter: the stock fell 3% yesterday, it's up today as people take in the news about the dreamliner. it is a critical product for boeing. they put a lot of money into it. it's technologically advanced made out of lightweight carbon fiber, it's supposed to save on fuel costs over time. they have 800 orders for these airplanes. as you know japan airlines...
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lori: boeing 787 dream liner is safe. if boeing stock safe for your portfolio? melissa: if your new year's resolution is to get in shape, this one will hurt. the gym membership, at that price, they better be working out for me. [ laughter ] all right, time for stocks now as we do every 15 minutes. lauren a sibling that he is standing by. stocks struggling today. >> holding this titrating pattern for much of the session. the dow is up seven points. energy is flat. let's take a look at wells fargo. profits hit a record high. that is good. they are not doing as many mortgages. they are the nation's biggest lender. you can see it is down by one and a quarter percent. cheryl: how did last year's drought play out? jeff: it was pretty wild in here today. five of the past six years, this has been a limit move. take a look at what it was. we had, i think, scott shall indeed, a 26-point move. >> we had a pretty big range. jeff: this crop report is definitely a mover. take a look at this. this is the usda world agriculture supply and demand. it is down 13% on the year. acr
lori: boeing 787 dream liner is safe. if boeing stock safe for your portfolio? melissa: if your new year's resolution is to get in shape, this one will hurt. the gym membership, at that price, they better be working out for me. [ laughter ] all right, time for stocks now as we do every 15 minutes. lauren a sibling that he is standing by. stocks struggling today. >> holding this titrating pattern for much of the session. the dow is up seven points. energy is flat. let's take a look at...
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. >>> and then there's the investment boeing has made in that dreamliner. $32 billion for planes that will sell for about $32 million a piece. but the effort hasn't been without some setbacks. now the government has some questions. >> reporter: it's boeing's most technological advanced airplane. but a week of glitches prompted the faa to ask what is going on. >> we are confident about the safety of this aircraft. but we're concerned about these incident, and we will conduct the review until we're completely satisfied. >> reporter: in one incident, a japan airlines plane leaked with 40 gallons of fuel on the runway. >> japan air center, having pulled your position, we have fire trucks coming to you. >> reporter: a fire started in the belly of another plane shortly after it landed at logan. but passengers had already left. there were two other incidents on 787s in japan, a cracked windshield and an oil leak. boeing instifrts it's not -- insists it's not unusual to run into growing pains. >> every new commercial airplane has issues. >> reporter: united is the only american carrier using
. >>> and then there's the investment boeing has made in that dreamliner. $32 billion for planes that will sell for about $32 million a piece. but the effort hasn't been without some setbacks. now the government has some questions. >> reporter: it's boeing's most technological advanced airplane. but a week of glitches prompted the faa to ask what is going on. >> we are confident about the safety of this aircraft. but we're concerned about these incident, and we will conduct...
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boeing calls the airplane the dreamliner. it is a dream come true for the city's economy. >> it is the first floit behack to tokyo. this is 7 years and wait highway patroling for it and we are delighted that the flight is taking off. >> there is a shadow looming over it. there are questions over the safety of the planes. there was a fire and fuel leak earlier this week. we found a high profile passenger preparing to board this morning and feeling confident in the plane. >> when there is it a introduction to the airplane there is always something. there is nothing major on this one. >> former transportation secretary has full confidence in the federal officials charged with protecting airline travelers . nn thereto tsb operates and moving with the department of the transportation operates, i have -- i dot have the concerns about this plane or the 787 as a whole. >> his fellow passengers don't sound too worried. >> it seems like every airline has problems. and this is a new airplane. i am not bothered by it >> instead there was
boeing calls the airplane the dreamliner. it is a dream come true for the city's economy. >> it is the first floit behack to tokyo. this is 7 years and wait highway patroling for it and we are delighted that the flight is taking off. >> there is a shadow looming over it. there are questions over the safety of the planes. there was a fire and fuel leak earlier this week. we found a high profile passenger preparing to board this morning and feeling confident in the plane. >>...
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." >>> well, it may be the dreamliner, but all those problems might feel like a nightmare for boeing. we'll have the latest on the faa's investigation into the jet dubbed the plane of the future. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. you paid...wow. hmmm. let's see if walmart can help you find the same look for less. okay. see? walmart has all these leading eyewear brands and styles. rockstar! really? yeah. oh, wow! oh, black frame looks good on you. yeah? you can get a complete pair starting at just -- $38. really?! and did you know that our glasses come with a free 12-month replacement guarantee? i didn't know walmart had all this. the price is impressive, the quality is too! come to walmart and see for yourself. find rollbacks on the contact lenses you want. like the acuvue oasys -- now $27.88. walmart. with multiple
." >>> well, it may be the dreamliner, but all those problems might feel like a nightmare for boeing. we'll have the latest on the faa's investigation into the jet dubbed the plane of the future. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to...
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lizly -- liz: i flew home on a boeing jet this week, everything was fine. i talked to the biggest names in the future of tech. take a look. >> we've developed some technology that you will be able to take the different camera angles that you have, there's about 17 of them in any one stadium, and if you're in the stands, and you want to watch the replay from a certain angle, you can do that and customize the content. >> does this come from inside intel? >> i hope so. i would think so. that's the board's decision. i'm only one vote, but i think we have a very good stable internal people. >> have you made a recommendation? >> yes, i have. >> i don't have regrets. everything happens for a reason, and i don't know what my future holds, but i know who holds my future, and in that, there's a lot of peace and comfort. >> do you have a lady in your life, and not your mom. >> no, i do not, i'm single. >> once again, you follow what the consumers are doing, and they are moving to wireless. we want to offer wireless voice, video -- >> you're not going to sell it? it's
lizly -- liz: i flew home on a boeing jet this week, everything was fine. i talked to the biggest names in the future of tech. take a look. >> we've developed some technology that you will be able to take the different camera angles that you have, there's about 17 of them in any one stadium, and if you're in the stands, and you want to watch the replay from a certain angle, you can do that and customize the content. >> does this come from inside intel? >> i hope so. i would...
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but also clearly big deal for boeing itself. these scares called into question not just the jet liner's design, but also quality control in boeing's manufacturing processes. the faa investigation is underway, could be a setback for the company given boeing's had mixed fortunes in recent years. the probe can often uncover many other problems. not good news all around. the 787 is too important to u.s. jobs and export to be ignored and the company's stock took a hit as a result, down 2 1/2%. i think we can show awe graph there. you can see how rough the past few years. we'll give you an idea how it might affect the company longer term. here is the maker of europe's air bus, the rival. the dips that collate with the super jumbo. every time you see a dip, that relates to the problems. is that going to play out for boeing as the problems crop up during the investigation? let's take a brief step back, the problem at boeing is really that they have with the dreamliner is what we saw when they launched the triple 7. the triple 7 now is r
but also clearly big deal for boeing itself. these scares called into question not just the jet liner's design, but also quality control in boeing's manufacturing processes. the faa investigation is underway, could be a setback for the company given boeing's had mixed fortunes in recent years. the probe can often uncover many other problems. not good news all around. the 787 is too important to u.s. jobs and export to be ignored and the company's stock took a hit as a result, down 2 1/2%. i...
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but, boy, this is an embarrassing week for boeing. make sure you watch us for more in depth coverage. tune into "your money" saturday 1:00 p.m. eastern, sunday, 3:00 p.m. eastern. that's it for me. same time on monday. i'm out. . >>> weather in australia. it's known for being extreme. we have been telling you about those fires that is still burning through the country's southeast but now we have this. take a look at these amazing pictures. on the western side of australia. there's a huge red wall of dust caused by a cyclone. chad myers is here, as always, to walk us through pictures of this. it was caused by the kite clone but the kite clone was far away? >> yes, the cyclone, typhoon, hurricane, same thing but different ocean. different direction because it's in the southern hemisphere. irrelevant. on the outside, the outer bands that we talk about, one had a pretty good thunderstorm and one thunderstorm put down this gust front that we call that. and the gust front just blue all of blew this dust into the sky. the dirt is red. just l
but, boy, this is an embarrassing week for boeing. make sure you watch us for more in depth coverage. tune into "your money" saturday 1:00 p.m. eastern, sunday, 3:00 p.m. eastern. that's it for me. same time on monday. i'm out. . >>> weather in australia. it's known for being extreme. we have been telling you about those fires that is still burning through the country's southeast but now we have this. take a look at these amazing pictures. on the western side of australia....
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>>> hours from now boeings dream liner will begin its service from san jose. we do have breaking news involving the safety of that jet. it's all ahead on the ktvu channel 2 morning news. >>> good morning. thank you for waking up with us on this friday morning. brian flores has the morning off. steve paulson is here. it is very cold this morning. >> it is indeed. no doubt about it. we have 30s. although there is a little bit enough of obese. you can still there is a lot of moisture screaming down on the west. inland it will be a cool and breezy day. here is sal. >>> we have a major crash in berkeley on 80 eastbound that has been blocking lanes for a bit. you can still see activity there for a bit. let's go to tara moriarty who is there on the scene with more details. good morning, tara. >> reporter: it's a little hard to hear you out here because it's so noisy. we're on the university avenue overpass. i don't know if you can see where the flashing lights are. that is the westbound direction. on the other side is where the accident happened it looks like all lan
>>> hours from now boeings dream liner will begin its service from san jose. we do have breaking news involving the safety of that jet. it's all ahead on the ktvu channel 2 morning news. >>> good morning. thank you for waking up with us on this friday morning. brian flores has the morning off. steve paulson is here. it is very cold this morning. >> it is indeed. no doubt about it. we have 30s. although there is a little bit enough of obese. you can still there is a lot...
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but it is embarrassing for boeing. of course, this is a huge employer in the country, and they have already sold 850 of these planes. they want to sell 5,000 over the next 20 years, brian. >> and tom, assuming they stay in the air for this process, as folks see 787 on their reservation printout, how should the flying public feel about it? >> reporter: every analyst i've talked to, every cockpit pilot, says they believe this plane is safe. this is just something that happens when you roll out a brand-new plane that you've really designed from scratch. >> all right, tom costello, dulles airport, outside dc. tom, thanks. >>> still ahead as we continue on a friday night, how about arming teachers in the classroom. how do parents feel about that as a protection in the post newtown era? >>> and later, critical mass over the new portrait of a princess. we'll have the harsh reaction and proof this isn't the first time a depiction on canvas hasn't gone over so well. >>> a colorado judge today delayed the formal arraignment of a
but it is embarrassing for boeing. of course, this is a huge employer in the country, and they have already sold 850 of these planes. they want to sell 5,000 over the next 20 years, brian. >> and tom, assuming they stay in the air for this process, as folks see 787 on their reservation printout, how should the flying public feel about it? >> reporter: every analyst i've talked to, every cockpit pilot, says they believe this plane is safe. this is just something that happens when you...
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as a company boeing remains very profitable. it has about $20 billion on hand and 4200 airplanes on back order but, it could be facing some labor problems as well. negotiations with its engineers have stalled and a strike vote we are told could come as early as next week, bill? bill: dan, something to watch. the hearing continues or rather the statement continues in washington. dan spring in seattle. a bit more context on boeing and its dreamliner. more than 800 are on order by 58 customers. the plane's wingspan tops 197 feet. that is 2/3 of a football field. a look at boeing last year delivered a total of 601 overall. that is the most since 1999 and the first time in a decade that it surpassed airbus in deliveries. 36 past the hour. martha: back to politics now. long-time democratic congressman charlie rangel is criticizing president obama for a lack of diversity in his cabinet nominations. here is charlie rangel's quote. it is embarrassing as hell. we were all this with mitt romney and we were very hard on mitt romney and bind
as a company boeing remains very profitable. it has about $20 billion on hand and 4200 airplanes on back order but, it could be facing some labor problems as well. negotiations with its engineers have stalled and a strike vote we are told could come as early as next week, bill? bill: dan, something to watch. the hearing continues or rather the statement continues in washington. dan spring in seattle. a bit more context on boeing and its dreamliner. more than 800 are on order by 58 customers....
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Jan 11, 2013
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. >> federal regulators announced they are ordering a comprehensive review of boeing 787 dreamliner as the jet is making the inaugural flight from san jose international airport this morning. the f.a.a. has scheduled a news conference later this morning to officially make the announcement. four dreamliners have had problems this week alone including the latest this morning in japan when a crack was discovered in one of the layers of a window. nippon is scheduled to start nonstop from san jose to tokyo with 10:00 a.m. arrival of a new dreamliner jet. >> there could be flight delays this weekend at san francisco international airport when it closes one of the runways from 10:00 tonight until 8:00 monday morning the first of several weekend runway closures to accomplish construction activity for federally mandated runway safety requirements including installing new lighting systems and 1/2 gigsal aids. during the closing the arrival rate will be reduced from 60 aircraft an hour to 30 aircraft per her and flight delays are expected to occur during the height of the travel times like when t
. >> federal regulators announced they are ordering a comprehensive review of boeing 787 dreamliner as the jet is making the inaugural flight from san jose international airport this morning. the f.a.a. has scheduled a news conference later this morning to officially make the announcement. four dreamliners have had problems this week alone including the latest this morning in japan when a crack was discovered in one of the layers of a window. nippon is scheduled to start nonstop from san...
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Jan 12, 2013
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stuck 2 1/2% on friday and boeing, i'm sorry, the f.a.a. investigation we've got to see, really will be far reaching much more than people realize and focus on the electronic distribution and the mechanic systems and how they interact and it will go much further than that. one analyst was saying, boeing is more exposed than normal, because something else could come up as a result of it. and that could affect the company negatively. but the second analyst said maybe it could help lift the tarnished reputation that boeing has. it's rough around these parts for year and passengers also very concern, really, about getting on board the plane, because it's been a new plane and a lot of passengers and the range of the plane could actually take passengers, and maybe really given it the commercial appeal that boeing hopes it would have. all in all. both passengers and the company and of course the economy, jobs, could be affected in here, it's a massive issue, kelly, back to you. >> that's quite a bit. dominic di-natale. thank you. >> jamie: stay aw
stuck 2 1/2% on friday and boeing, i'm sorry, the f.a.a. investigation we've got to see, really will be far reaching much more than people realize and focus on the electronic distribution and the mechanic systems and how they interact and it will go much further than that. one analyst was saying, boeing is more exposed than normal, because something else could come up as a result of it. and that could affect the company negatively. but the second analyst said maybe it could help lift the...
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Jan 12, 2013
01/13
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i mean, it's not as if boeing went into this blindly. this thing was strictly monitored by the government and okayed by the government. >> neil, these guys are geniuses, i tell ya. after a plane catches fire and a window cracked -- that they missed, they said this plane was great. after the fact when there's problems, they go and say, huh, there's a fire there, you should probably fix that. neil: i don't think that's good. that's a problem. yeah. >> yeah. really, i can pay a first grader $100,000 a year like these guys are getting paid to say that. we have an expression for these people, and i can't say it exactly, but no duh, sherlock. of course, you need to fix the planes, but who has the lease to do in? boeing does. they don't want to see their stock plummets, and god forbid their plane crashes. they'll have 300 huge lawsuits, huge wrongful death lawsuits against them, and they don't want that. neil: you can see boeing, you can never sue the government. >> yeah. neil: in other words, it was the government that okayed the one that blew
i mean, it's not as if boeing went into this blindly. this thing was strictly monitored by the government and okayed by the government. >> neil, these guys are geniuses, i tell ya. after a plane catches fire and a window cracked -- that they missed, they said this plane was great. after the fact when there's problems, they go and say, huh, there's a fire there, you should probably fix that. neil: i don't think that's good. that's a problem. yeah. >> yeah. really, i can pay a first...
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Jan 12, 2013
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. >> reporter: it's boeing's most technologically advanced airplane. but a week of glitches, including a fire, prompted the faa to figure out what is going on with the dreamliner. >> we are confident about the safety of this aircraft. but we're concerned about these incidents and we will conduct the review until we're completely satisfied. >> reporter: in one incident, a japan airlines plane leaked about 40 gallons of fuel on the runway at boston's logan airport. >> we have fire trucks coming to you. >> reporter: a fire started in the belly of another japan airline's plane shortly after it landed at logan, but passengers had already left. there were two other incidents on 787's in japan. a cracked windshield and an oil leak. boeing insists it's not unusual to run into a few growing pains with a new model. >> every new commercial airline has issues. >> reporter: united is the only american carrier currently using the dreamliner. it says it has inspected its fleet. the faa chief has ordered a team of experts to scrutinize how the 787 was assembled and ho
. >> reporter: it's boeing's most technologically advanced airplane. but a week of glitches, including a fire, prompted the faa to figure out what is going on with the dreamliner. >> we are confident about the safety of this aircraft. but we're concerned about these incidents and we will conduct the review until we're completely satisfied. >> reporter: in one incident, a japan airlines plane leaked about 40 gallons of fuel on the runway at boston's logan airport. >> we...
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Jan 11, 2013
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any compensation will be paid by boeing, any changes that need to be taken will be paid by boeing. the price for the planes has already been set. the only people that will feel the pinch ultimately will be boeing shares. >> better to err on the side of safety. god forbid, worst case can scenario, richard, would be some sort of crash, some sort of disaster, fire on board, injuries, something along those lines. >> you have gone straight to the elegant in t elegant elephant that everyone is walking around. is it so serious that there's a real safety risk and the answer is no of course there are issues. they will be fixed but the faa says it's safe, the experts that i've spoken with say it is safe. wolf, you buy me a ticket and i'll board a dreamliner across the country. >>> bill richardson just rern returned from north korea. with a new leader, is anything any different? my conversation with bill richardson when we come back. before copd... i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those da
any compensation will be paid by boeing, any changes that need to be taken will be paid by boeing. the price for the planes has already been set. the only people that will feel the pinch ultimately will be boeing shares. >> better to err on the side of safety. god forbid, worst case can scenario, richard, would be some sort of crash, some sort of disaster, fire on board, injuries, something along those lines. >> you have gone straight to the elegant in t elegant elephant that...
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Jan 11, 2013
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faa is out in full force as well as boeing. listen to what the faa said this morning about the safety of the 787. >> now, from day one, we have worked with boeing to certify the systems and further ensure this innovative aircraft meets the high level of safety for the flying public. we believe this is a safe aircraft. >> all right. he's the other issue. you know, basically, boeing says, look, there have been no more problems than similar to what we had introducing the 777 in the mid-90s, and so why the action in the stock of both sides of the aisle and even the transportation secretary said it's safe. reached out to 17 analysts, and getting feed back from wall street. they don't like the fire issue or the lithium battery issue. fire's scary. the lithium battery creates fires in mobile phones and laptop computers, and but listen to what steven is telling fox business about this issue, though. here's what he says, "we do think a fix is a available" just swap out the battery, a heavier battery rather than the talk about the boeing
faa is out in full force as well as boeing. listen to what the faa said this morning about the safety of the 787. >> now, from day one, we have worked with boeing to certify the systems and further ensure this innovative aircraft meets the high level of safety for the flying public. we believe this is a safe aircraft. >> all right. he's the other issue. you know, basically, boeing says, look, there have been no more problems than similar to what we had introducing the 777 in the...
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Jan 12, 2013
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this one here, they seem to be coming all at once. >> boeing is used to winning. it is america's biggest exporter. in many ways, america's most important company. a symbol of national pride. with a federal review of its plane, the future of boeing's signature aircraft is in jeopardy. erin? >> thanks very much to sandra. >>> prosecutors say a tv host prayed on hundreds of victims, children. >>> the man who allegedly massacred moviegoers in colorado. his lawyers say he is mentally ill. that could mean one day he is walking free. >> i'm a little passion nat about this. i don't want to see this guy get out on the streets because my son is already dead. 1-800-345-20 plus deposit checks with mobile deposit. tdd#: 1-800-345-2550 and manage your cash and investments tdd#: 1-800-345-2550 with schwab's mobile app. tdd#: 1-800-345-2550 no wonder schwab bank has grown to over 70 billion in assets. tdd#: 1-800-345-2550 so if you're looking for a bank that's in your corner, tdd#: 1-800-345-2550 not just on the corner... tdd#: 1-800-345-2550 call, click or visit to start banking
this one here, they seem to be coming all at once. >> boeing is used to winning. it is america's biggest exporter. in many ways, america's most important company. a symbol of national pride. with a federal review of its plane, the future of boeing's signature aircraft is in jeopardy. erin? >> thanks very much to sandra. >>> prosecutors say a tv host prayed on hundreds of victims, children. >>> the man who allegedly massacred moviegoers in colorado. his lawyers say...
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Jan 11, 2013
01/13
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mark over the safety of boeing's flagship plane. the shares this week have taken a hit. down another 2% in today's trading session because two more problems with 787s on domestic japanese flights today. there was an oil leak and the other a cracked windshield. phil lebeau is tracking information from washington. >> the ntsb said, this is af plane, feel confident if you are playing it. at the same time, the faa launched a special review looking at reliability and safety of the 787 dreamliner. it'll be run by the faa. but boeing will be assisting in that review and so will some of the suppliers, no doubt, as they look at electronics and use of lithium ion batteries on the dreamliner. remember a lithium ion battery was traced to be the source of the fire of the 787 that caught on fire while parked at a gate in boston on monday. in 2007 the faa made special rules for the use of lithium ion batteries on airplanes because of flammability can concerns. with all of that said, listen to what the head of the faa and secretary of transportatio
mark over the safety of boeing's flagship plane. the shares this week have taken a hit. down another 2% in today's trading session because two more problems with 787s on domestic japanese flights today. there was an oil leak and the other a cracked windshield. phil lebeau is tracking information from washington. >> the ntsb said, this is af plane, feel confident if you are playing it. at the same time, the faa launched a special review looking at reliability and safety of the 787...
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Jan 10, 2013
01/13
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in today's cover story, a bumpy stretch for boeing. how the dreamliner mishaps will affect the jet maker in the long run. switching gears at the consumer electronics show - why automakers are stealing the spotlight. plus, oscar nominees come out today. our critic's predictions on who will score big with the academy this year. and, stocks one wall street firm calls sure bets. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's thursday, january 10th. i'm angela miles. in today's first look: snap back: after two sessions of selling, stocks rallied wednesday on the heels of better-than-expected earnings from monsanto and alcoa. investors are liking facebook. the stock surged above $30 wednesday on word the company will reveal a mystery product next tuesday. that's the highest its been since july, but still below the $38 ipo price. and, labor secretary hilda solis is resigning from her position with the obama administation. stocks made a comeback. jared levy of zacks.com joins us now w
in today's cover story, a bumpy stretch for boeing. how the dreamliner mishaps will affect the jet maker in the long run. switching gears at the consumer electronics show - why automakers are stealing the spotlight. plus, oscar nominees come out today. our critic's predictions on who will score big with the academy this year. and, stocks one wall street firm calls sure bets. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's thursday,...
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boeing has sold more than 800 dream liners. they started delivery just over a year ago pause of delays and cost overrun some analysts think it will be several years before turn a profit that is base odd an quick revolution to these problems. >> >> the truth is it is exceptionally safe to fly these days. the statistics are asounding. according to the national transportation safety board, there has not been one major commercial airline crash in our country since 2009 when an airplane crashed in buffalo, new york. before that nothing since 2006. and consider that on average nearly 2 million people fly domestically every single day. the airline industry does have something to crow about. violence, video games and the vice president of the united states. joe biden met today with members of the video gaming industry to prevent mass shootings a lot of disagreement about the best solution. do would need video game restrictions? more gun control? something else entirely? some combination? they're working on it. the details ahead. a chan
boeing has sold more than 800 dream liners. they started delivery just over a year ago pause of delays and cost overrun some analysts think it will be several years before turn a profit that is base odd an quick revolution to these problems. >> >> the truth is it is exceptionally safe to fly these days. the statistics are asounding. according to the national transportation safety board, there has not been one major commercial airline crash in our country since 2009 when an airplane...
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Jan 11, 2013
01/13
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has a news conference on the boeing 787 dreamliner after incidents including a cracked cockpit window on a flight in japan. united has no plans to ground their six dreamliners. if you want to score a deal or phone at walmart, the sale of iphone 5 for $127 ends tomorrow and is replaced by a no contract version over the straight talk [ fingers tapping ] [ rain pattering ] [ heels clicking ] [ female announcer ] yoplait light tastes great now... ♪ ...and feels great later 20 delicious flavors of yoplait light, now at 90 calories each. yoplait, it is so good! >> welcome back at 5:124. military veterans are helping replace a bronze plaque stolen from a war memorial in petaluma. veterans and supporters have donated $9,000 so far to pay for a new more secure monument. the plaque honored 15 service member killed in the vietnam war. police say it was probably stolen in the days before christmas by thieves who wanted to sell the bronze for scrap. >> the f.d.a. is requiring makers of ambient and other sleeping pills to lower the dosage because you have a higher risk of injury because of increa
has a news conference on the boeing 787 dreamliner after incidents including a cracked cockpit window on a flight in japan. united has no plans to ground their six dreamliners. if you want to score a deal or phone at walmart, the sale of iphone 5 for $127 ends tomorrow and is replaced by a no contract version over the straight talk [ fingers tapping ] [ rain pattering ] [ heels clicking ] [ female announcer ] yoplait light tastes great now... ♪ ...and feels great later 20 delicious flavors of...
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Jan 11, 2013
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. >>> a troubling week for boeing after problems surface in several of its 787 dreamliner planes. little bit later on in this hour, the faa will announce an investigation. >>> 13 minutes past the hour. the man accused of killing 12 people inside a colorado theater last summer could enter a plea this morning at his scheduleed arainment. colorado judge ruled there is enough evidence for james holmes to stand trial on all 166 counts including first-degree murder. >>> planned parenthood in texas heads to court today, the group wants a federal judge to allow it to be part of the state's revamped women's health program under a new state law texas noening loer funds women's health clinics affiliated with abortion. that state law disqualifies texas from getting federal money for women's health and since federal money makes up a huge chunk of planned parenthood's budget the law effectively shuts down all the group's work in the state. >>> ford says it's adding 2,200 white collar jobs in the united states this year, that's the automaker's biggest hiring in a decade. spokesman says a signifi
. >>> a troubling week for boeing after problems surface in several of its 787 dreamliner planes. little bit later on in this hour, the faa will announce an investigation. >>> 13 minutes past the hour. the man accused of killing 12 people inside a colorado theater last summer could enter a plea this morning at his scheduleed arainment. colorado judge ruled there is enough evidence for james holmes to stand trial on all 166 counts including first-degree murder. >>>...
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Jan 11, 2013
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boeing stock is down a buck and a half on that. now this: snow in jerusalem, lowest temperature there in decades. lowest temperature in china in three decades. however, the u.s. saw its warmest year on record last year and we've got the greenies fired up about a carbon tax against global warming. listen to this. >> in europe and asia right now we are looking at an arc of severe cold. china and korea have a winter like in the early 1950's when the pacific first flipped into its cold cycle got very, very cold in china and korea first. they're having a brutal winter over there. stuart: carol, and kirsten, real fast with this. you heard conflicting opinions here, brutal cold, china, europe, warm in america, here comes the carbon tax, kirsten, you know i'm right. >> i don't think -- well, i don't know that actually it's going to happen. environmental groups are definitely going to put pressure on the president. i don't think a carbon tax for global warming, but. stuart: nice try. >>. [laughter] i think they're going to use this global w
boeing stock is down a buck and a half on that. now this: snow in jerusalem, lowest temperature there in decades. lowest temperature in china in three decades. however, the u.s. saw its warmest year on record last year and we've got the greenies fired up about a carbon tax against global warming. listen to this. >> in europe and asia right now we are looking at an arc of severe cold. china and korea have a winter like in the early 1950's when the pacific first flipped into its cold cycle...
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on why the agency is taking a close look at the safety of boeing 787s. >>> and new divide lines for a popular drug millions of people take. why it applies to women only. >>> and storm team4 meterologist tom kierein is back and he changes to the weekend forecast is 70 degrees still a >>> a man is in custody two days after escaping from a hospital ward in tacoma park. the 27-year-old turned himself into police this morning many rockville and he escaped wednesday from washington adventist hospital and police were on heightened alert because he's considered dangerous. >>> the faa is look closely at boeing's newest and most hi-tech jetliners and they are reviewing key systems on the 787 known as the dreamliner. the plane's electrical system the phone focus. m melissa mollet has more with the investigation. >> two more problems were reported today bringing the total number of incidents to five this week alone. a review like this one is unusual and was initiated after problem with the plane's electrical panel. that inclouds a better fire on monday on a parked dream liner and a problem with t
on why the agency is taking a close look at the safety of boeing 787s. >>> and new divide lines for a popular drug millions of people take. why it applies to women only. >>> and storm team4 meterologist tom kierein is back and he changes to the weekend forecast is 70 degrees still a >>> a man is in custody two days after escaping from a hospital ward in tacoma park. the 27-year-old turned himself into police this morning many rockville and he escaped wednesday from...
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Jan 11, 2013
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this is the first boeing 787 dreamliner aircraft to fly from the bay area. it's run by all nippon airways from japan. this model has been flying for a year. the faa this morning ordered a comprehensive review of critical systems in this particular model after a fire and fuel leak this week, also some reports of cracked windshields. several flights had to be canceled. this is video from boston' logan airport. cbs aviation analyst chesley sullenberger says it's common to be working out kinks. >> no matter how much testing you do there are some things that are inevitably discovered during the real world of operational airline flying. >> reporter: this thing is state-of-the-art and relies more than any other modern airliner on electrical systems to help power the plane. it's also the first boeing plane to use rechargeable lithium ion batteries and made with lightweight materials. the price tag, $207 million. so if all goes well with today's flight, it is set to land tomorrow in japan at 4:10 p.m. live at mineta san jose airport, anne makovec, cbs 5. >>> a centra
this is the first boeing 787 dreamliner aircraft to fly from the bay area. it's run by all nippon airways from japan. this model has been flying for a year. the faa this morning ordered a comprehensive review of critical systems in this particular model after a fire and fuel leak this week, also some reports of cracked windshields. several flights had to be canceled. this is video from boston' logan airport. cbs aviation analyst chesley sullenberger says it's common to be working out kinks....
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Jan 12, 2013
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but boeing is insisting tonight that every new commercial plane experiences a few growing pains along the way. and despite the review, both the manufacturer and the government insist the innovative ridiculous is safe. >> we are confident about the safety of this aircraft but we are concerned about these incidents and will conduct the review until we're completely satisfied. >> and that review will focus on the 787's electrical systems. no planes will be grounded during the time. >>> expect extra delays at sfo this weekend as construction crews work to lengthen runways. from 10 p.m. tonight to 5 a.m. monday one runway will be closed. travelers could be delays 30 to 45 minutes. this is the first of three runway closures at sfo this month. >>> we are following some developing news in oakland tonight where an all-out manhunt is under way for a jail escapee. police have been searching yards in neighborhoods near highland hospital all day long. cbs 5 reporter da lin tells us the suspect shed his jail clothes. >>> reporter: deputies ran from house to house with their guns drawn near highland
but boeing is insisting tonight that every new commercial plane experiences a few growing pains along the way. and despite the review, both the manufacturer and the government insist the innovative ridiculous is safe. >> we are confident about the safety of this aircraft but we are concerned about these incidents and will conduct the review until we're completely satisfied. >> and that review will focus on the 787's electrical systems. no planes will be grounded during the time....
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Jan 11, 2013
01/13
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boeing. special review from the faa on the 787 dreamliner. they want to investigate the power stps of the jet. this is a big story. the 787 is boeing's new carbon fiber plane, completely new design and engineering from any plane in history, and it has had its lion's share of problems. the last couple weeks you've had fuel leaks, battery fire issues, now a cracked cockpit window in japan. that out overnight. the faa says, listen, we're going to do a special review of this jet. here's the key, though. they're not shutting the jet down. this is not an airworthiness issue. the jet will continue to fly. but it matters because so many airlines are counting on this jet with its larger fuel range to add new revenue streams for them. and if these problems continue, boeing has already faced a bit of a stock hit. some of the airlines could get hit as well, guys. a big story to continue to watch. american express laying off 5,400 workers, 8% of their work force. >> let me stop you there. yesterday we had more bad news coming out of -- >> morgan stanley.
boeing. special review from the faa on the 787 dreamliner. they want to investigate the power stps of the jet. this is a big story. the 787 is boeing's new carbon fiber plane, completely new design and engineering from any plane in history, and it has had its lion's share of problems. the last couple weeks you've had fuel leaks, battery fire issues, now a cracked cockpit window in japan. that out overnight. the faa says, listen, we're going to do a special review of this jet. here's the key,...